galaxy appears to be a naughty stock at presen, page-21

Disappointing day

To me there is a problem with the whole supply chain

If the lith carb production is too slow then then the pile at the other end builds

Something's got to give and the trade off was a closure

Meribella was recently punished for high costs and too larger debt to service

This may be gxy issue but they are not disclosing

I know that they do have a large debt to service and it must be biting into their cash

Yes they have amazing assets but no one has the cash to buy this company because all the resource stocks are also burning cash and getting no reward because commods keep falling

I think one of the big holders walked today leaving us all naked as the tide went out

Large holders like my neighbor has 100k in stock bought at .77 to 1.24

So there is a lot of pain out there and everyday we watch this company with so much potential simply just bleed till it dies

It's like any story, we love a good ending but we are reading one that has ended up a nightmare

I would love to hear anyone's underlying valuation of this company
21 million is about 6c
The plant is worth 100 million - about 30c but at 60% is 18c
The minerals in the lith 1 tenements must be worth say 10c a share
Mt Caitlin must be about say 5c but currently is 0 bar the stockpile
So about 34- 39c in these conditions

So we must be getting close to the low point or at least the bounce
I personally was in milliseconds of pulling the trigger to get another swag
But this rotten thing still is trending down
God knows what will happen if the macro falls of a cliff
It will be a long hold I presume